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Witness: Michael Jackson passed medical exam 'with flying colors'
A few months before Michael Jackson’s death, AEG executives were told that the performer had passed a medical exam “with flying colors,” an in-house attorney for the company testified Wednesday. Shawn Trell, senior vice president and...Tags: Conrad Murray, Propofol (drug), Insurance, Witnesses, AEG
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U.S. jobless claims lower than expected
ReutersThe number of Americans filing new unemployment claims, dropped last week by 23,000 to 340,000, more than expected, the Labor Department said Thursday. The drop in the seasonally adjusted to a point below 350,000 claims, figure points to resilience...Tags: Economic Policy, Money and Monetary Policy, Labor Markets, Federal Reserve, Ben Bernanke
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U.S., China factories struggle; Fed hints at less stimulus
ReutersLONDON/NEW YORK (Reuters) - Chinese factory activity declined in May for the first time in seven months and U.S. manufacturing grew at its slowest pace since October, suggesting it may take a while before the global economy starts to pick up steam....Tags: Stock Market, Labor Markets, Federal Reserve, Foreign Exchange Market, Ben Bernanke
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Fed enters delicate new phase of communication
ReutersNEW YORK (Reuters) - Investors' hair-trigger reaction to Federal Reserve Chairman Ben Bernanke's testimony on Wednesday marks a delicate new policy phase for the U.S. central bank in which communication is paramount. Pitfalls lurk as the Fed approaches...Tags: Lisle, Stock Market, Labor Markets, Federal Reserve, Ben Bernanke
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WRAPUP 4-U.S. jobs, housing data show economy has some muscle
Reuters* Weekly jobless claims fall 23,000 * Four-week average of claims slip 500 * May factory activity growth at seven-month low * New home sales rise in April, median price at record high By Lucia Mutikani WASHINGTON, May 23 (Reuters) - The number of...Tags: Labor Markets, Ben Bernanke, Finance, Real Estate, Unemployment Benefits
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Initial jobless claims drop to 340,000 after one-week spike
WASHINGTON -- Initial unemployment claims dropped back to a level indicating moderate job growth last week after a spike the previous week raised alarms about the labor market recovery. The number of people filing for unemployment benefits for the first...
Tags: Labor Markets, Federal Reserve, Ben Bernanke, Unemployment Benefits, Tim Cook
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U.S. economy to gather pace next year-NY Fed economists
ReutersWASHINGTON, May 23 (Reuters) - U.S. economic growth should rise to 3.25 percent next year as the drag from tight fiscal policy in Washington fades, New York Federal Reserve staff economists said in a report on Thursday. That will help bring down the...Tags: Economy, Business and Finance, Labor Markets, Federal Reserve, Finance, European Debt Crisis
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China factory activity shrinks for first time in seven months: flash PMI
ReutersBEIJING (Reuters) - China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary manufacturing survey showed, entrenching fears that its economic recovery has stalled and that a sharper cooldown may be...Tags: Labor Markets, Productivity, Finance, Heavy Engineering, HSBC Holdings plc
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U.S. jobless claims drop more than expected last week
ReutersWASHINGTON, May 23 (Reuters) - The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to resilience in the labor market despite belt-tightening by Washington. Initial claims for state...Tags: Economic Policy, Labor Markets, Ben Bernanke, Unemployment Benefits, Economy
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WRAPUP 4-Bernanke says more progress needed before stimulus pullback
Reuters* Bernanke touts benefits of Fed bond buying * Says end to purchases will depend on economy * Could trim bond buys at one of the "next few meetings" * If anything, "inflation is too low," Bernanke says By Pedro da Costa and Alister Bull WASHINGTON,...Tags: Economic Policy, Mortgages, Inflation and Deflation, Labor Markets, Productivity
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FACTBOX-Major provisions of U.S. Senate immigration bill
ReutersWASHINGTON, May 22 (Reuters) - The U.S. Senate Judiciary Committee approved a bill this week to overhaul the country's immigration system and give millions of unauthorized foreigners a path to citizenship. The legislation aims to achieve three main...Tags: Government, Labor Legislation, Science and Technology, Executive Branch, Immigration
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Bernanke warns that premature ending of Fed's stimulus efforts would carry substantial risks
AP Economics WriterWASHINGTON (AP) — Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs. Reducing the Fed's efforts to keep borrowing rates...Tags: Kevin Brady, Stock Market, Labor Markets, Mortgages, Federal Reserve
May 22, 2013
|Story| Los Angeles Times
May 23, 2013
|Story| Reuters
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May 23, 2013
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May 23, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
|Story| AP Broadcast
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